@Thrust Simply providing what oil per barrel is trading at today.
It's an indication as to if oil folks will 'drill baby drill' or not. At the current price, it's doubtful drilling will begin. They are more profitable if it gets to $80-90 per barrel.
@Thrust Tell that to China and the rest of the world.
China's electric vehicle (EV) industry is booming, with the country leading in both production and sales volume. BYD has surpassed Tesla as the world's largest EV seller, and numerous other Chinese brands are gaining global recognition. Factors like government support, rapid technological advancements, and a large domestic market have fueled this growth.
